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Kevin's Electronics, Inc., delivered 1,200 custom-designed computer monitors to itscustomer, GadgetsGalore . The following cost information was compiled in connection with thisorder: Direct Materials Used

Kevin's Electronics, Inc., delivered 1,200 custom-designed computer monitors to itscustomer, GadgetsGalore. The following cost information was compiled in connection with thisorder:

Direct Materials Used

PartA327: 1 unit costing $56 per monitor

PartB149: 1 unit costing $98 per monitor

Direct Labor Used

Assembly:6 hours per monitor at the rate of $8 per hour

Inspection:2 hour per monitor at the rate of $12 per hour

Inaddition, the company applies manufacturing overhead costs to jobs at the rate of $5 per direct labor hour. The selling price for each monitor is $385.

Requirements

(a) Determine the total cost for this job.

(b) Determine the gross margin per monitor.

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